Company Description

Our Company is an offshore holding company incorporated in the Cayman Islands without any material operations of its own. Our Company conducts its business operations through our Operating Entity. The Operating Entity commenced its operation in 2019 and is principally engaged in providing a family of social and entertainment-focused mobile applications, or apps, that are designed to facilitate app users’ engagement with a global community, promote communication across languages and cultures, and foster the establishment of meaningful relationships. Our Company, through the Operating Entity, aims to become a leading provider of social networking and interactive entertainment platforms. Through the Operating Entity, we provide, operate, and maintain a family of social and entertainment-focused apps, which include, but are not limited to, LivChat, BunchatLite, PeachU, Meeya, Meeya Lite, Jogan Pro, MeetClub, BakBak, UpChat, HoldU Pro, Timo, and RealCall. We currently generate revenue from three revenue streams—advertising revenue, user recharge revenue, and other revenue. Advertising revenue is generated from third parties who pay to advertise on the Operating Entity’s app. User recharge revenue is generated from app users who pay for the function of online chat or add-ons to access premium features in connection with their app usage. Other revenue is generated from third parties who engage the Operating Entity for app interface and graphic design services on a project-by-project basis, which revenue has accounted for a relatively small percentage of the total revenue in each fiscal year reported in this prospectus. For the fiscal year ended February 28, 2025, we generated revenue of $11,572,003 and net income of $929,201. For the fiscal year ended February 29, 2024, we generated revenue of $11,013,790 and incurred a net loss of $591,534. For the fiscal years ended February 28, 2025 and February 29, 2024, the total number of users was approximately 5,350,174 and 4,648,696, respectively, among which the number of paying users that accessed app premium features was approximately 545,313 and 781,160, respectively. For the same fiscal years, the number of monthly active users (MAUs) was approximately 2,140,070 and 1,787,960, respectively, and the number of daily active users (DAUs) was approximately 449,415 and 352,228, respectively. --- Our principal executive offices are located at Unit 56 of Factory A on 5th Floor Union Hing Yip Factory Building, No. 20 Hing Yip Street, Kwun Tong, Hong Kong, and our phone number is +852 69338460. We maintain a corporate website at http://www.evonexus.co. Our registered office is located at Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands, and its phone number is +1 345 949 1040. Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor, New York, NY 10168.